The Softronic company from Craiova, which produces locomotives, is the first beneficiary in Romania of the de minimis aid for increasing the competitiveness of industrial products, the financing contract being signed on Tuesday, at the company's headquarters, by its representatives and Minister of Economy Florin Spataru."It is the first financing contract for the state aid scheme for increasing competitiveness and I am glad that the first beneficiary of this scheme is a Romanian company with whom I discussed the possibility of development, because the transport sector is a strategic sector for Romania, and the production of locomotives and their maintenance in a company in Romania is an important goal for us. Through this state aid scheme, Softronic will be able to develop a very interesting project and I hope that in the very near future we will see locomotives with hydrogen-based propulsion, high-capacity electric locomotives to be used by Romanian companies in the Romanian railway system," said the minister of economy.According to him, the contract has a value of 200,000 EUR and represents a first stage for the development of the competitiveness of this company through innovation projects."This de minimis scheme has a value of 6 million EUR. I hope that the vast majority of companies that will apply will be companies with Romanian capital. They will be able to develop their laboratories, management systems, but also purchase products or equipment that could increase their competitiveness. That is why he said that it is important for Softronic to develop its ability to access very large projects such as schemes for the manufacturing industry with a minimum value of 3 million EUR. And if you have this hall and develop this production capacity with a green component that reduces energy consumption, practically Softronic could become an important player on the market of railway products," the minister of economy also stated.Florin Spataru said that the second call for state aid schemes for the manufacturing industry, worth 150 million EUR, will begin on February 1, now that the evaluation for the first stage has been done, in which there are 28 companies that have met the score maximum and for which the differentiation will have to be made.The representative of the Softronic company, Ionel Ghita, stated that this company with 100% Romanian capital exports locomotives to Sweden, Austria, Hungary and, more recently, Bulgaria.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
